Reginald Parker Profile picture
Serial Entrepreneur and Inventor. Founder to @GetOptimalTech, @510nano, Nanotailor, & BITS. Opinions are my own.
Jun 11, 2022 8 tweets 7 min read
@theanthonyware @Sherrell_Dorsey @getoptimaltech I'll respond with three ways to diy. All assume that you purchase your solar system through a LLC (pass through vehicle). This way you get both the benefit from ITC and depreciation. When you do it as an individual you don't get the benefit of the depreciation which can double .. @theanthonyware @Sherrell_Dorsey @getoptimaltech ... the impact of the ITC, i.e. more tax relief. Therefore, you can get up to $15k rather than $7.2k off your taxes for a $30k solar investment. I'm also assuming that you will find a way to finance the solar investment much like you'd do a car. PACE is a great way.

That said..
Jul 10, 2020 7 tweets 5 min read
As an African American founder, I have to be strategic about who our partners are. Today, we received our credits from @GoogleStartups. Receipt could not have come at a better time. GfS has been a game changer and a cornerstone relationship. Over Q3 & Q4, we'll deploy 34 Optimal Power Systems ("OPS"). OPS combines rooftop solar with energy monitoring to help clients "use energy better and use better energy". Our ecosystem uses ML to monitor & control appliances to maintain low energy bills. Nod to GCP & Firebase.
Jan 30, 2020 8 tweets 2 min read
One of my advisors requested that I share a more complete thought on investment and investors.
1) An investment is not a sacrifice. An investment has an anticipation of a return. When people/ organizations invest in you, they are doing it with an expectation of improving their financial position. This means that they believe in you and what they can do with you to improve their financial position. And so, it is important that the the interests of the investor and the investee are well aligned.
2) A business has many partners. One of the most strategic